US asset manager Capital Group has hired a former Fidelity International executive to lead its institutional business in Greater China.
Capital Group has appointed Stella Xu as head of institutional business for Greater China, according to a statement. Based in Hong Kong, she will report to Toby Chan, head of client group for Greater China.
Xu has more than 18 years of experience in the asset management industry. She was most recently working at Fidelity International as head of institutional sales for China and Hong Kong.
«We are delighted to welcome Stella to our team, marking a significant enhancement in our institutional capabilities across Asia. Her vast experience in the industry will be a cornerstone in our institutional business team,» commented Benno Klingenberg-Timm, head of institutional for Asia and Europe client group.
